Brisbane Airport is releasing 25 more hectares for industrial development ahead of schedule as demand for land keeps growing.
The second stage release in its industrial park follows the full sale of lots in stage one, the airport says.
Lots for 10 tenants across 27,000 square metres are now being developed to house large (4500sq m to 5500sq m) and mid-size (1400sq m to 2200sq m) warehouses.
Executive General Manager Commercial Scott Norris says there is strong demand for industrial land that has direct access to the airport, major highways and a port.
“Brisbane is Australia’s most connected domestic hub and the third busiest airport in Australia,” he says.
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“It’s a suburb in its own right. While best known for holiday departures, we’re also delivering one of the last premium industrial precincts of scale in South-East Queensland with airside access, 24/7 operations and links to road, port and rail.”
Norris says that given a major lack of land access across the Australian eastern seaboard, the sites are a rare chance for tenants to tap into their infrastructure, connectivity and staff amenities.
“The aesthetic nature of industrial is changing so making sure there are mixed-use elements for the people who work there – lifestyle elements, access to food and retail – is important for industry,” Norris explains.
He also points out that workers would also be close to the 170 shopping and dining outlets in their Skygate precinct.
Norris says the release of the land is part of the airport’s five-year $5 billion upgrade program which will fund more than 150 projects across the entire precinct.
“Over the next three years, our in-house development team will release a further 30 hectares of purpose-built industrial capacity to market, tailored to meet the needs of businesses now and in the future,” he says.
“This investment will play a key role in keeping Queensland connected with demand for supply chain, logistics and manufacturing facilities continuing to grow at levels we haven’t witnessed in more than a decade.”
